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New Assembly Speaker not ready to talk tax increases

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The new speaker of the Wisconsin Assembly says he isn't ready for any talk of a sales or income tax increase.

"It's way farther down the road than I'm prepared to go," said Rep. Mike Sheridan, D-Janesville.

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He was chosen Wednesday to lead the lower house after his party took back the majority in last week's elections.

Gov. Jim Doyle said this week that the next two-year budget will have a record deficit of more than $5 billion.

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